DIRS.INFO The most relevant business & tech news

TPG kicked off fundraising of its eighth private equity fund for the region in January, targeting $6 billion, the company said during its March earnings call. If successful, the fund will be its largest Asia fund to date. Hong Kong-based Baring Private Equity Asia last week announced it had closed its eighth, and largest, pan-Asia fund at $11.2 billion. read moreTPG's U.S rival Carlyle Group (CG.O) is aiming to raise $8.5 billion in a new Asia fund, according to separate people familiar with the situation. It last raised a $4.6 billion Asia fund in February 2019.

☆ Dow slides 300 points as investors brace for rate-hike decision from the Federal Reserve
▼ + stars: | 2022-09-20 | by ( Brian Evans | ) www.businessinsider.com time to read: +1 min

US stocks closed lower Tuesday with the Dow Jones Industrial Average shedding more than 300 points. Investors remain fixated on the central bank ahead of the next rate hike announcement on Wednesday. The 2-year Treasury yield surged as high as 3.983% intraday, the highest since 2007. Stocks are under pressure from an anticipated 75-basis-point rate hike from the central bank, which will announce its policy decision Wednesday. The 2-year Treasury yield, which is sensitive to Fed moves, surged as high as 3.983% intraday to hit the highest rate since 2007.

☆ Wall Street's biggest investors can't shake a nightmare about the US economy. And that fear is much worse than a recession.
▼ + stars: | 2022-09-18 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

Talk of a recession, rough inflation data, and the persistent increase in costs of certain staple goods has got Wall Street's biggest investors living in fear of an economic nightmare. Wall Street has been hit by a brutal market sell-off this year. Wall Street investors fear an economic nightmare. BMO Capital Markets is cutting jobs amid the broader downturn in dealmaking, according to Bloomberg. Private-equity investment firm Corsair has made an investment in Miracle Mile Advisors, a wealth advisory firm based in Los Angeles.

Kanye West’s breakup with Gap Inc. reflects a broader trend of celebrities seeking more control over the brands they create or back. But in this instance, Mr. Shabelman said the friction between Mr. West and Gap fits into a larger development in the world of celebrity marketing. Mr. West “doesn’t need those corporations,” said Anjali S. Bal, an associate professor of marketing at Babson College. Mr. West formally notified Gap on Thursday that his Yeezy LLC fashion brand was terminating his partnership with the apparel chain. More recently, tennis champion Naomi Osaka last year began a media company called Hana Kuma in partnership with SpringHill Co., an entertainment firm co-founded by LeBron James.

☆ Why celebrities are so interested in the unglamorous world of private equity
▼ + stars: | 2022-09-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

Now she’s entering the secretive, not-so-pretty world of private equity, aka the land of “vulture capitalists.”Here’s the deal: Kim K is partnering with Jay Sammons, a former executive with Carlyle Group, to launch SKKY Partners, a private equity firm that plans to invest in areas such as consumer products, hospitality, luxury, digital commerce and media. “If I was a celebrity, I would jump in and start a private equity fund,” Hooke says. First up, the iPhone 14 (yes, 14! The iPhone 14 will start at $799, the same starting price as last year’s iPhone 13. The larger iPhone 14 Plus model will start at $899.

☆ Meet 18 private-equity firms that are investing in the ad industry, where dealmaking continues despite economic jitters
▼ + stars: | 2022-08-11 | by ( Lindsay Rittenhouse | ) www.businessinsider.com time to read: +3 min

Private equity firms continue to pour money into ad agencies, despite the slowing economy. And while rising interest rates could dampen dealmaking for the rest of 2022, PE firms are still sitting on $1.6 trillion they're looking to invest, according to the firm. More PE firms have been entering the sector, managing director Marc Flor of investment bank Berkery, Noyes & Co., has said. Specifically, private equity is eyeing digital agencies and adtech companies with subscription-based models that aren't tied to ad spending cycles, Master said. Representatives for the PE firms either declined to comment or didn't respond to requests for comment unless otherwise noted.

☆ Leaders from Walmart, AB InBev, Honeywell, Carlyle, and more share advice for getting started — and sticking to — sustainability goals
▼ + stars: | 2022-07-22 | by ( Julia Hood | ) www.businessinsider.com time to read: +26 min

Sustainability leaders from Walmart, JUST Capital, Dow, Honeywell, Cognizant, Deloitte, Bank of America, AB InBev, and Carlyle participated. If you're just looking for a science partner, you're going to go and get the science. So then we started building debriefs for our portfolio companies, actually making them sit down and have a conversation with us. Because as long as you do it with integrity, you're going to probably get to the right place. I remember him saying when we talked about the idea, "what you're trying to achieve with that, is somewhere between really, really, really, really hard and impossible."

☆ How to land a job in private equity, from Blackstone to Apollo, KRR, General Atlantic, and more
▼ + stars: | 2022-06-03 | by ( Business Insider | ) www.businessinsider.com time to read: +6 min

Private equity is a rewarding but challenging field to break into. Here is what we found about pay at private equity firms, including Blackstone, Apollo, and Bain Capital. Private equity recruiting has been starting earlier than ever Getty ImagesPrivate equity firms like to recruit from investment banks. These days, the private equity recruiting process has started earlier than ever, and it's resulting in middle-of-the-night interviews with offers being made — and blown up — all before Labor Day. General Atlantic managing director Alex Crisses walked Insider through the growth-equity investment firm's elite summer souring internship.

Persons: Jeffrey Hamilton, Alyssa Powell, Blackstone, Samantha Lee, Drew Angerer, Skye Gould, Jon Gray, Grace Koo, Read, Sara Diniz, Carlyle, Alex Crisses, Thoma Bravo, —, Warburg Pincus, Wharton's, Axel Springer Organizations: Blackstone, KKR, Morning, Getty, Apax Partners, Oaktree, of Foreign Labor, Apollo, Bain Capital, Labor, KKR KKR, General Atlantic, PJT Partners, Partners, dealmakers, Wall, University of Michigan Locations: Carlyle, Blackstone, Axel

☆ As families and 'Parrotheads' flock to campgrounds and RV parks, institutional real-estate investors see their next big score
▼ + stars: | 2022-05-23 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +13 min

Investors are eyeing profits in campgrounds and RV parks as Americans flock to the great outdoors. Camp Margaritaville RV Resort and Cabana Cabins Auburndale, Central FloridaThe trend is also driven by demographics. Sam Zell's Equity Lifestyle Properties, another large REIT that invests in RV parks alongside mobile homes, has also been busy. While it's not clear how much big investors have thrown into RV campgrounds, manufactured housing communities as a whole have seen a burst of Wall Street financing. After looking hard at multifamily and industrial, he settled with RV parks.

☆ The many faces of Scooter Braun
▼ + stars: | 2022-03-01 | by ( Anna Silman | ) www.businessinsider.com time to read: +44 min

The former Yeezy associate said that West had offered Braun large percentages of Yeezy several times, which Braun always declined.) Singer told Insider that Braun "did not even see the final cut until the day before it came out." In 2012, Braun told The New Yorker that Geffen's advice to him was "Get out of the music business." Singer told Insider that Braun had only seen Jayne "once in his life, at a political event they both attended. And I couldn't fix it and I'm a fixer, and because I couldn't fix things I started to spiral," Braun told Shetty.

Persons: Scooter Braun, Kanye, West, Braun, Yeezy, Justin Bieber, Ariana Grande, Marty Singer, Ben Rose, Taylor Swift, he's, I've, Braun you've, It's, Long, J Balvin, Psy, née Scott —, Ludacris, Eminem, Britney Spears, Matt Graham, Jason Salvador, He's, Bieber, Micah Smith, riffed, Harvey Levin, Perez Hilton, Lil Twist, Bieber's, Justin, Singer, Salvador, Selena Gomez, Gomez, Kevin Mazur, Swift, Selena, Scooter, Taylor, " Braun, kid's, Madison Beer, Etta James, Beer, Beer texted Braun, Todrick, Hall, Braun wasn't, Joseph Gordon, Levitt, hadn't, Pete Davidson, Grande, Davidson, Kris Jenner, —, didn't, J, Demi Lovato, Lovato, Critics, Rich Fury, Yael Cohen, Braun's, Marcus Aurelius, Maya Angelou, David Geffen, Jeff Bezos, playbook, Odysseus, Hillary Clinton, Kamala Harris, Matthew McNulty, Stephanie Simon, Jennifer Merlino, Simon, Brandon Creed, Bruno Mars, Troy Carter, Lady Gaga, Carter, Creed, George Floyd, Noam Galai, Moe Shalizi, missives, Scooter Braun playbook, Swift's, Taylor Swift's, Shamrock, Hybe, Justin Shin, Peter Comisar, Comisar, Laroi, Erika Jayne, Jayne, Yael Cohen Braun, Michael Kovac, Jay Shetty, Scooter Braun's, Shetty, Hoffman, I'd, I'm, Natalie Jarvey Organizations: Kanye, Ithaca Holdings, trailblazer, Spotify, South, YouTube, Emory University, segueing, eBay, DreamWorks, SB, TED, Hollywood's Fonda Theatre, Los Angeles Times, New Yorker, TMZ, Wall Street, Billboard, US Immigration, Customs, NME, Twitter, Todrick Hall, MTV, Amazon's, Ithaca Holdings —, Ventures, Atlas, CBS, Manchester, Grande, Nickelodeon, Untitled Entertainment, Untitled, British GQ, Hollywood, New York, Financial Times, behemoth, PricewaterhouseCoopers, Carlyle Group, litigating, Housewives, Beverly Hills, Gentleman's Locations: China, Yeezy, West, South Korean, Atlanta, hoodies, Hollywood's, Greenwich , Connecticut, Colombia, Yorker, Ithaca, California, Grande, Braun, British, Hybe, Korea, Korean

☆ Upcoming live events at Insider
▼ + stars: | 2022-01-19 | by ( Business Insider | ) www.businessinsider.com time to read: +6 min

Below is a list of our upcoming in-person and virtual events, including exclusive fireside chats, compelling panels, and reporter Q&As. Featured Events for Sustainability & Climate ActionInsider Introducing the Optimist's Destination for Climate ActionApril 10, 2023 | 3 PM ETDetails to come! InsiderFor a Better Future: Bridging Culture, Business, and ClimatePresented by DeloitteApril 25, 2023 | 12 PM ETDetails to come! Panelists from Tinuiti, Jungle Scout, Bobsled Marketing, and Cure Hydration will discuss what this trend means — watch hereHow advertisers can navigate the death of the third-party cookie. To submit a potential speaker for an upcoming event, please complete this form.

☆ Compass CFO Kristen Ankerbrandt explains how the fast-growing brokerage company can reap profits
▼ + stars: | 2021-12-07 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +5 min

The CFO of Compass believes profits will catch up to the real-estate brokerage's rapid growth. The conversation took a turn when Compass' CEO and cofounder, Robert Reffkin, suggested instead that Ankerbrandt join as its chief financial officer. Earlier this year, Ankerbrandt helped steward Compass' much-anticipated initial public offering that valued the firm at about $7 billion. "We had $370 million in revenue in 2017, and we did $3.7 billion in 2020, which is pretty incredible," Ankerbrandt said. For years, upstarts in the residential real-estate business have sought to displace or deprioritize the role of the broker.

☆ Transforming Business poll shows that talent is a driver, and a product, of innovation
▼ + stars: | 2021-04-20 | by ( Julia Hood | ) www.businessinsider.com time to read: +6 min

Talent recruitment was cited as a top priority for innovation investment among companies polled for the Transforming Business series. Business decision-makers polled by Insider report that talent is a top investment priority, and also that a major benefit of digital transformation is recruiting top talent. Culture of innovationTo drive transformation, business leaders have to source and keep the right talent, and to create a culture of innovation. "Whether businesses recover will be dependent on their talent and that talent's ability to navigate uncertainty and drive innovation needed to rise beyond incremental challenges." This SurveyMonkey Audience poll targeted individuals who work in a management capacity at their company according to the Audience panel.

Search resuls for: "Carlyle"

13 mentions found